GENERAL KNOWLEDGE

GK

BASIC GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The terms ‘bull’ and ‘bear’ are used in -
A
Stock Exchange
B
Sale Tax Department
C
Planning Commission
D
Income Tax Department
Explanation: 

Detailed explanation-1: -A bull market occurs when securities are on the rise, while a bear market occurs when securities fall for a sustained period of time.

Detailed explanation-2: -The correct answer is Stock market. The terms “bull and bear” is related to the Stock market. They are a speculator who buys for the settlement with a view of selling at some future date at a higher price and gaining the difference.

Detailed explanation-3: -What do the bear and the bull stand for? A. The bear means stocks are falling and the bull means stocks are going up.

Detailed explanation-4: -A bull is an investor who thinks the market, a specific security, or an industry is poised to rise. Investors who adopt a bull approach purchase securities under the assumption that they can sell them later at a higher price.

There is 1 question to complete.